Regulatory Alerts2026-03-30
Summary of Amendments on Guidelines on Compliance Function for Fund Management Companies
The Securities Commission issued revised Guidelines on Compliance Function for Fund Management Companies on 30 March 2026 to facilitate investments in private debt notes and Islamic private debt notes. The amendments require fund management companies to establish standalone risk management policies and procedures for these investments and to notify the regulator of their intent to invest beforehand. Additionally, the document introduces new definitions, removes redundant terms from the Capital Markets and Services Act 2007, and implements housekeeping changes to enhance clarity and consistency.
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